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Charles River IMS vs. NICE Actimize

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Charles River IMS

    Score9 out of 10
    N/AThe Charles River Investment Management Solution (Charles River IMS) automates front and middle office processes for buy-side firms. The solution helps enable accurate and timely investment decision support for institutional and wealth managers, alternative investment firms, insurers and asset owners. Charles River IMS helps clients streamline operations, reduce risk, and improve reliability.N/A

    NICE Actimize

    Score10 out of 10
    N/ANICE Actimize is a fraud detection solution, acquired and now supported by Nice Systems since 2007.N/A
    Pricing
    Charles River IMSNICE Actimize
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Charles River IMSNICE Actimize
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Charles River IMSNICE Actimize
    Fraud Detection Software Features
    Comparison of Fraud Detection Software Features features of Charles River IMS and NICE Actimize
    Feature
    Charles River IMS
    -
    Ratings
    NICE Actimize
    10.0
    1 Ratings
    32% above category average
    Anomaly Detection00 Ratings10.01 Ratings
    Timely Monitoring00 Ratings10.01 Ratings
    Data Analysis and Pattern Recognition00 Ratings10.01 Ratings
    Rule-based Alerts00 Ratings10.01 Ratings
    Investigation Tools00 Ratings10.01 Ratings
    Compliance and Regulatory Support00 Ratings10.01 Ratings
    User Interface00 Ratings10.01 Ratings
    User Ratings
    Charles River IMSNICE Actimize
    Likelihood to Recommend
    10.0
    (1 ratings)
    10.0
    (4 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    Charles River IMSNICE Actimize
    Likelihood to Recommend
    State Street
    If your are large asset management company focused mostly on interest rate products and you are large institutional trader your way is the use of Charles River Portfolio Management & Risk Analytics account which is most reputable custodian institution which offers superior tool for bonds trading - Charles River IMS. Charles River Portfolio Management & Risk Analytics is focused on large bond traders, so is not offered for small hedge funds. It is not appropriate if you are small account holder and focused more on stock market offerings, margin trading and less focused on custodian reputation. There is no separate risk module for trading group risk management.
    Incentivized
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    NICE Systems
    If you're looking for an End to End fraud solution you should definitely consider Actimize Integrated Fraud Management. Actimize providing great support during implementation process. And i believe both Operations And Analytics teams will find this system very friendly and useful
    Incentivized
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    Pros
    State Street
    • Focused on bonds
    • Risk approache based on counterparties risk measurement
    • Buid in scenario strategies and testing
    • CDS are available for trading (exlusive offering)
    • Portfolio construction
    • Yield analytics
    • Exotics: SWAPs, SWAPtions
    • Sophisticated options analytics
    • Currency forwards (exclusive offering)
    Incentivized
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    NICE Systems
    • Very intuitive GUI
    • Extremely customizable
    • Ease of case management and maintainance
    Incentivized
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    Cons
    State Street
    • Equities - microstructure to consider detection of iceberg orders
    • Build in algos for large trades execution
    • Corporate or Banking level platform - not focused on mid sized business
    • SAP connectivity
    • Only Charles River Portfolio Management & Risk Analytics accounts
    • No trading group accounts capabilities
    • Needs arbitrage trading algo: spread, statistical, merger for stocks
    Incentivized
    Read full review
    NICE Systems
    • Being able to adjust the alert parameters by specific account would be helpful.
    Incentivized
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    Usability
    State Street
    No answers on this topic
    NICE Systems
    Product is continuously optimized by the end user/customer and in line with banking applications as the go-to place. Also, KYC and AML work is key in this area which NICE Actimize offers. And DataIQ is a good offering with data intelligence helping to deal with the intelligence automation and AI trends.
    Read full review
    Alternatives Considered
    State Street
    Charles River Portfolio Management & Risk Analytics is a state of the art company which owns state of the art products Charles River Portfolio Management & Risk Analytics. If you are considering long term value, capital preservation strategy and pension funds management that is the right choice if holdien one account versus several to get systematic diversification. You can run even department of banks treasury with use of Charles River Portfolio Management & Risk Analytics. So good but focused on large investors needs and diversification focus.
    Incentivized
    Read full review
    NICE Systems
    As a fraud prevention consultant i worked both with Actimize IFM And Fico Falcon.
    For Card Fraud (debit/credit) Falcon has an advantage, but on the end to end fraud Actimize is a better investment.
    Incentivized
    Read full review
    Return on Investment
    State Street
    • Neutral. We are in system migration process.
    • We expect to get our P&L less volatile (+/- 5%). More international bonds in a mix
    • Top custodian is our first priority
    Incentivized
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    NICE Systems
    • It has more than 300+ clients globally
    • employs close to 400 experts
    Incentivized
    Read full review
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